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Piett and Wright Las Vegas Attorneys at Law
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509 South 7th Street Las Vegas, NV 89101 Phone: 1-702-566-1212 Fax: 1-702-566-4833 Toll Free: 866-373-0012 E-mail: This e-mail address is being protected from spam bots, you need JavaScript enabled to view it |
| Nevada and Utah Business Bankruptcy |
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The decision to file bankruptcy is a difficult one and should not be taken lightly. It may, however, be the most effective way of salvaging a floundering business. In a Chapter 11 proceeding, you are generally able to restructure or consolidate your debts and keep the business afloat. In a Chapter 7 proceeding, the business owner closes up shop and any non exempt assets are sold by a trustee. Several alternatives to filing bankruptcy may exist for your situation. We may be able to work with your creditors to develop a reorganization plan prior to filing for bankruptcy and use the proceedings to carry out the plan. Most creditors are willing to develop a contractural workout. Our Nevada and Utah business bankruptcy attorneys can help guide you through the process of deciding whether bankruptcy is the best choice for your business. |